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U/C CoreunitsU/C Inner CityunitsU/C Suburban (non-greenfield)units
Oliver
461​
Theodore
114​
The Dells
202​
Sunalta Towers
333​
Flyover Block
65​
Northland Village
229​
The Hat 14th
239​
Riverwalk
141​
19 + 2
51​
1400 on 10th
106​
Block on 4th
39​
Trail 19
78​
Arris Tower west
310​
Bridgeland 515
36​
Capella
142​
Park Central II
460​
Era
220​
The Forge (Gramercy)
83​
Nude
177​
The Hive
140​
Catalyst
75​
First & Park
211​
Lynbrook Manor
48​
DeVille
333​
4th Street Lofts
270​
Scarboro 17
52​
Block 15
303​
The Cornerstone
112​
Cascade
45​
The Barron
94​
1600 Block
125​
Davenport (Currie)
193​
Riverpark
52​
Mission Flats
67​
Belvedere Landing
214​
Credo
125​
Argyle
151​
River's Edge
102​
Elbow 5 Eight
255​
Konekt
104​
Varsity Mixed Use
44​
The Cunningham
40​
Glenmore apartments
284​
Frontier
266​
Harmony One
36​
Alexandria (Currie)
168​
West 33
100​
Mission Landing
70​
Uxborough Phase 1
203​
Quesnay at Currie
99​
Crown Park
156​
Glamorgan Landing Estates
278​
Shawnessy Station
160​
Dean's Landing
135​
Total
2825​
1684​
4087​
8596​
Removed West 17 - 102
Removed Nimmons Court - 84
Removed Archer - 40
Removed Harrison - 67
Added Block 15 - 303
Added The Barron - 94
Added Riverpark - 52
Added Dean's Landing - 135
 
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Wow nearly 3000 still underway in the core. Looove!
 
Evanston ridge NW has 3 rental buildings under construction. 114 units in each. Building 1 is starting to be occupied now
For now I've left off neighborhoods that are not quite completely built out yet. I might do a separate list for all multi-family in u/c neighborhoods, it's just hard to keep to track of the ones in the new neighborhoods.
 
For now I've left off neighborhoods that are not quite completely built out yet. I might do a separate list for all multi-family in u/c neighborhoods, it's just hard to keep to track of the ones in the new neighborhoods.
Evanston is 99% built out. This was the last parcel besides a small townhouse project down the road
 
U/C CoreunitsU/C Inner CityunitsU/C Suburban (non-greenfield)units
Oliver
461​
Konekt
104​
The Dells
202​
Sunalta Towers
333​
Flyover Block
65​
Northland Village
229​
The Hat 14th
239​
Riverwalk
141​
19 + 2
51​
1400 on 10th
106​
Block on 4th
39​
Trail 19
78​
Arris Tower west
310​
Bridgeland 515
36​
Capella
142​
Park Central II
460​
River's Edge
102​
The Forge (Gramercy)
83​
Nude
177​
The Hive
140​
BTYYC
44​
First & Park
211​
Lynbrook Manor
48​
DeVille
333​
4th Street Lofts
270​
Frontier
266​
Block 15
303​
The Cornerstone
112​
The Cunningham
40​
Cascade
45​
The Barron
94​
1600 Block
125​
Davenport (Currie)
193​
Riverpark
52​
Mission Flats
67​
Belvedere Landing
214​
Eau Claire Place
90​
Argyle
151​
Elbow 5 Eight
255​
Varsity Mixed Use
44​
Glenmore apartments
284​
Harmony One
36​
Alexandria (Currie)
168​
West 33
100​
Mission Landing
70​
Uxborough Phase 1
203​
Quesnay at Currie
99​
Crown Park
156​
Glamorgan Landing Estates
278​
Shawnessy Station
160​
Dean's Landing
135​
Total
2915​
1173​
4056​
8144​
Removed Catalyst - 75
Removed Scarboro 17 - 52
Removed The Theodore - 114
Removed Era - 220
Removed Credo - 125
Added Eau Claire Place I - 90
Added BTYYC - 44
 
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The city added 30,000 people last year. 8000 units in 3 years is not going to be enough.
Keep in mind this list is only units being built in established areas. I didn't include Greenfield development as there are too many and too hard to keep track of. Either way, the totals for all housing units u/c this year are still too low. Last year the city grew by 49K, and there were 17,306 units started. Not near enough for the growth and we saw it with sharp drop in vacancies and houses supply on the real estate market. So far this year 6867 units were started in in the first 5 months (Jan-May) and population growth for Calgary (going by provincial numbers) are looking like they might even be higher than last year.
 
I think Canada needs to seriously consider reducing its immigration targets. Not enough homes are being built and not enough doctors and nurses are being recruited to accommodate for newcomers. Immigration is essential but these ideologically driven targets of approx. half a million immigrants a year is dangerous for the well-being of our country. Everything should be done in moderation. As a nation, we've always talked about replacing our aging population to prevent economic harm but mass immigration with a lack of development in housing, healthcare, infrastructure, etc. is leading to much worse social and economic challenges IMO. A 1 bedroom junkie-looking apartment is now renting for over $1400 in most parts of our city and it's only gonna get worse.
 
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these ideologically driven targets of approx. half a million immigrants a year is dangerous for the well-being of our country
If you think this is bad, wait to you see a country contracting as the labour force shrinks.

We have the ability to build more housing. A lot more. That municipalities don't even seem to be trying to use market mechanisms they have at their disposal to do so is mind boggling. It is like they have given up. They could also step up on the non-market side too. That apartment building by Attainable Homes -- what is the barrier that is stopping them from doing 5 projects a year instead of 1 every 5 years if the projects cover their costs? What is stopping them from doing the same for rentals and flipping the buildings when complete?

We have a huge failure of vision on housing.
 
Flipping a completed building is an exiting strategy. 100,000 units is $40 billion upfront. That's a lot of venture capital needed to be directed into real estate development. If the intent is to flip a rental property than one usually needs to flip the rental property before seeking investment in the next project.

These figures should only go up with 49,000 people moving to Calgary. In two to three years, Urbanwarrior will be dumbfounded that 3000 units under construction in the core excited him.
 
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Flipping a completed building is an exiting strategy. 100,000 units is $40 billion upfront. That's a lot of venture capital needed to be directed into real estate development. If the intent is to flip a rental property than one usually needs to flip the rental property before seeking investment in the next project.

These figures should only go up with 49,000 people moving to Calgary. In two to three years, Urbanwarrior will be dumbfounded that 3000 units under construction in the core excited him.
Isn't a major complaint of the Canadian economy the fact that too much capital goes to real estate already, causing difficulty for small businesses to grow? Seems like this would just be even more of the same, with the same complaints.
 

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